Common use of Response to Offer Clause in Contracts

Response to Offer. Within fifteen (15) business days after the date the Offer Notice is deemed given in accordance with Section 7.2, each Participant shall give notice to Newco stating that such Participant accepts all or any portion of the Notional Equity Securities offered to it in the Offer Notice or declines the Offer in full.

Appears in 2 contracts

Sources: Participation Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Participation Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)

Response to Offer. Within fifteen (15) business days after the date the Offer Notice is deemed given in accordance with Section 7.28.2, each Participant shall give notice to Newco stating that such Participant accepts all or any portion of the Notional Equity Securities offered to it in the Offer Notice or declines the Offer in full.

Appears in 1 contract

Sources: Participation Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)